LBI Real Estate Daily Market Update January 11th 2023

High Tides Digital Marketing
Jan 12, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for January 11th 2023

LBI Real Estate Daily Market Update January 11th 2023

Long Beach Island Real Estate Sales Market Update January 11th 2023

The LBI real estate market saw 11 changes, but 4 of these changes were repeated. There were a higher than average number of new listings, but 2 of these were homes that were pulled from the market and relisted the same day.

5 new listings came up for sale in the LBI real estate market
1 home went under contract on LBI
2 homes sold on Long Beach Island
1 homes saw a price reduction in the LBI real estate market

LBI Real Estate Daily Market Update January 11th 2023

Below is a breakdown of all changes and transactions that took place in the LBI real estate market today.

Last Change Type	MLS #	Address	City	Current Price
New Active	NJOC2015728	20 E 7th St	Beach Haven	$2,695,000
New Active	NJOC2015736	4911 S Long Beach Blvd	Long Beach Township	$3,995,000
New Active	NJOC2015540	108 E 29th St	Long Beach Township	$2,695,000
New Active	NJOC2015364	10 W Joan Rd	Long Beach Township	$1,550,000
New Active	NJOC2015716	17 E Delaware Ave	Long Beach Township	$2,500,000
Price Decrease	NJOC2011522	152 Marina Blvd.	Long Beach Township	$1,985,000
Active Under Contract	NJOC2014364	22 SW 33rd	Long Beach Township	$949,000
Closed	NJOC2013242	304 W 21st St	Ship Bottom	$2,100,000
Closed	NJOC2004970	12615 Beach Ave	Long Beach Township	$2,795,000
Canceled	NJOC2008402	4911 S Long Beach Blvd	Long Beach Township	$3,995,000
Canceled	NJOC2012876	20 E 7th St	Beach Haven	$2,800,000

There was some unusual activity in the sense that two listings were canceled and immediately re-listed. So while there were 5 new listings, there were really only 3 "new" listings on the market. Over the past few days, we have seen a small increase in the number of homes for sale on Long Beach Island. This is a welcome relief to the inventory-starved LBI real estate market, but the number of homes for sale is still trending at historic lows. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.